China: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2023

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in China

In 2021, the Chinese market for bed linen of other woven textiles and non-woven man-made fibres decreased by -77.4% to $X, falling for the second year in a row after four years of growth. In general, consumption continues to indicate a pronounced descent. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in China

In value terms, production of bed linen of other woven textiles and non-woven man-made fibres dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 16% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then dropped in the following year.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports from China

In 2021, overseas shipments of bed linen of other woven textiles and non-woven man-made fibres increased by 36% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +99.4% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of bed linen of other woven textiles and non-woven man-made fibres from China, with a 46% share of total exports. Moreover, exports of bed linen of other woven textiles and non-woven man-made fibres to the United States exceeded the volume sent to the second major destination, Australia (X tons), tenfold. The third position in this ranking was taken by Japan (X tons), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+10.8% per year) and Japan (-1.2% per year).

In value terms, the United States ($X) remains the key foreign market for bed linen of other woven textiles and non-woven man-made fibres exports from China, comprising 43% of total exports. The second position in the ranking was held by Japan ($X), with a 5.5% share of total exports. It was followed by the UK, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-2.9% per year) and the UK (+3.5% per year).

Export Prices by Country

The average export price for bed linen of other woven textiles and non-woven man-made fibres stood at $X per ton in 2021, dropping by -1.6% against the previous year. Over the period under review, the export price saw a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Malaysia ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports into China

In 2021, purchases abroad of bed linen of other woven textiles and non-woven man-made fibres decreased by -22% to X tons, falling for the seventh consecutive year after three years of growth. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2014 when imports increased by 48%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres fell to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 26%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Bangladesh (X tons), Vietnam (X tons) and Turkey (X tons) were the main suppliers of imports of bed linen of other woven textiles and non-woven man-made fibres to China, with a combined 42% share of total imports. These countries were followed by the United Arab Emirates, Pakistan, India, Malaysia, Japan, Thailand and the United States, which together accounted for a further 45%.

From 2012 to 2021, the biggest increases were in Malaysia (with a CAGR of +70.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Bangladesh ($X) and Japan ($X) constituted the largest bed linen of other woven textiles and non-woven man-made fibres suppliers to China, with a combined 37% share of total imports. Vietnam, Pakistan, the United Arab Emirates, India, Thailand, the United States and Malaysia lagged somewhat behind, together comprising a further 29%.

Vietnam, with a CAGR of +39.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for bed linen of other woven textiles and non-woven man-made fibres amounted to $X per ton, with an increase of 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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